STOCKHOLM -- Anoth er royal wedding beckons in Europe: This time it is Swe den’s Princess Madeleine who is getting ready to tie the knot.
Madeleine and her U.S.-British boyfriend Christopher O’Neill announced their en gagement on the royal palace website on Thursday.
The 30-year-old Madeleine is the youngest of King Carl XVI Gustaf and Queen Silvia’s three children and is fourth in line to the throne.
The tabloid Expressen re ported early Thursday that O’Neill, a 38-year-old financier she met in New York, had proposed to the prin cess, and the couple confirmed the news in a brief video clip posted on the royal website.
"Chris proposed to me in New York at the start of October, and we are very happy," Madeleine said in the video.
Madeleine said the wedding would take place in Sweden in the summer of 2013, and that more details would be released later.
Madeleine lives in New York where she works for the World Childhood Foundation, a nonprofit founded by her mother.
O’Neill was born in London and holds dual American and British citizenship, according to a CV released by the royal palace.
O’Neill now works as a partner and head of research at Noster Capital, a hedge fund with offices in London and New York.